A share price of Northrop Grumman Corp [NOC] is currently trading at $480.29, down -0.48%. An important factor to consider is whether the stock is rising or falling in short-term value. The NOC shares have gain 0.02% over the last week, with a monthly amount drifted -2.77%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Northrop Grumman Corp [NYSE: NOC] stock has seen the most recent analyst activity on August 27, 2024, when Alembic Global Advisors downgraded its rating to a Neutral but kept the price target unchanged to $560 for it. Previously, Deutsche Bank upgraded its rating to Buy on July 29, 2024, and elevated its price target to $575. On June 26, 2024, BTIG Research initiated with a Buy rating and assigned a price target of $565 on the stock. Bernstein downgraded its rating to a Mkt Perform but stick to its price target of $477 on June 21, 2024. Alembic Global Advisors upgraded its rating to a Overweight but $532 remained the price target by the analyst firm on April 22, 2024. Robert W. Baird downgraded its rating to Neutral for this stock on January 16, 2024, but kept the price target unchanged to $505. In a note dated December 15, 2023, Deutsche Bank downgraded an Hold rating on this stock and revised its target price from $541 to $473.
Northrop Grumman Corp experienced fluctuations in its stock price throughout the past year between $418.60 and $555.57. Currently, Wall Street analysts expect the stock to reach $548.7 within the next 12 months. Northrop Grumman Corp [NYSE: NOC] shares were valued at $480.29 at the most recent close of the market. An investor can expect a potential return of 14.24% based on the average NOC price forecast.
Analyzing the NOC fundamentals
Trailing Twelve Months sales for Northrop Grumman Corp [NYSE:NOC] were 40.98B which represents 2.26% growth. Gross Profit Margin for this corporation currently stands at 0.17% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.06%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.16 and Total Capital is 0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 476.82 points at the first support level, and at 473.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 485.32, and for the 2nd resistance point, it is at 490.36.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Northrop Grumman Corp [NYSE:NOC] is 1.08. On the other hand, the Quick Ratio is 0.95, and the Cash Ratio is 0.25. Considering the valuation of this stock, the price to sales ratio is 1.71, the price to book ratio is 4.75 and price to earnings (TTM) ratio is 29.74.
Transactions by insiders
Recent insider trading involved WELSH MARK A III, Director, that happened on Dec 05 ’24 when 33.0 shares were sold. Affiliate, Mark Welsh completed a deal on Dec 05 ’24 to buy 99.0 shares. Meanwhile, CVP & Pres. Defense Systems Davies Benjamin R. sold 1156.0 shares on Nov 11 ’24.
